May 21, 2023 | News, Opinion
Our 2023 “no frills” or “no thrills” budget is yet another missed opportunity that will consign the country to more debt. Few can argue against the need to fund infrastructure and resilience ($6 billion) and public housing ($3 billion) but the downside is that other...
Apr 4, 2023 | Future of Money, News, Reserve Bank, Submissions
The Reserve Bank called for submissions to its proposed approach to new forms of private money such as cryptoassets, including stablecoins. It is part of its work on the Future of Money. You can find more about its proposals around Private Innovation. Here’s a...
Mar 1, 2023 | Monetary Financing, News
In November last year, our National Spokesperson Don Richards sent a letter to his local MP, Justice Minister Kiri Allan. In it, he outlined issues with our current monetary system and asked for her support to raise awareness: What we have seen is first, excessive...
Feb 20, 2023 | Media Releases, Monetary Financing, News, Opinion
The clean-up bill for Cyclone Gabrielle will be way in excess of the $14 million promised by our Prime Minister and much of the financial burden may well fall on hard pressed councils. Councils are already struggling under the weight of the devastation caused by...
Feb 1, 2023 | Media Releases, News, Opinion
Our new Prime Minister Chris Hipkins plans to reprioritise policies and focus on the economy in his first year as leader. We at Positive Money New Zealand agree with the focus on the economy and would like to help him avoid the pitfalls from previous attempts at...
Dec 14, 2022 | News, Opinion, Reserve Bank
The Government and the Reserve Bank are letting banks off scot-free. The full cost of printing money for the Large Scale Asset Purchase Programme and the Funding for Lending Programme is now falling on taxpayers while banks make record profits. Support during Covid...